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Dec 31, 2012
12/12
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WGN
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president obama made an appearance, on n-b-c's meet the press. "regardless of partisan differences, our top priority has to be to make sure that taxes on middle class families do not go up that would hurt our economy badly." democrats want to keep the bush-era tax cuts for everyone, except the wealthiest americans. just how wealthy?..is a major sticking point... with negotiations now focused on an income threshold around 400-to-500 thousand dollars. *republicans argue the problem isn't tax revenue...but spending. they want reforms to entitlements. but a proposal to change the way social security benefits are measured against inflation was pulled from the table. vice president joe biden -- talked to minority leader mitch mcconnell several times today...in an effort to break the stalemate. hopefully, the discussions between the vice president and senator mcconnell will get us back on track, hopefully get a breakthrough and something we can vote on. i hope by the end of day tomorrow night, we can celebrate the end of this year and the beginning of a
president obama made an appearance, on n-b-c's meet the press. "regardless of partisan differences, our top priority has to be to make sure that taxes on middle class families do not go up that would hurt our economy badly." democrats want to keep the bush-era tax cuts for everyone, except the wealthiest americans. just how wealthy?..is a major sticking point... with negotiations now focused on an income threshold around 400-to-500 thousand dollars. *republicans argue the problem...
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Dec 31, 2012
12/12
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we have details. >> reporter: on "meet the press," president obama continued his public campaign to pressure congress. >> if congress doesn't act then everybody's taxes go up, and for the average family that could mean a loss of $2,000 in income and the whole economy could slow down at a time when the economy is starting to pick up. >> reporter: he again called on lawmakers to strike a deal or hold a vote on his plan which would raise tax rates on wealthy americans, a major sticking point for republicans. >> the way they are behaving is that their only priority is making sure that tax breaks for the wealthiest americans are protected. that seems to be their only overriding unifying theme. >> reporter: after the interview republican leaders accused the president of assigning blame instead of leading. >> so when they say leadership falls on you mr. president you don't have a role here in breaking this impasse? you've had a tough go with congress. >> if folks can't say yes to good offers, then i also have an obligation to the american people to make sure that the entire burden of deficit reduct
we have details. >> reporter: on "meet the press," president obama continued his public campaign to pressure congress. >> if congress doesn't act then everybody's taxes go up, and for the average family that could mean a loss of $2,000 in income and the whole economy could slow down at a time when the economy is starting to pick up. >> reporter: he again called on lawmakers to strike a deal or hold a vote on his plan which would raise tax rates on wealthy americans,...
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Dec 28, 2012
12/12
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. >>> with just four days before the deadline, president obama meets with congressional leaders today in hopes of reaching a compromise. >>> and less dairy for your dollar. without action by congress by new year's day, milk prices could skyrocket. >> if we want to continue to eat, the bill needs to be passed. that's where we get our food, people. captioning funded by cbs >>> this is the "cbs morning news" for friday, december 28th, 2012. good morning. good to be with you. i'm duarte geraldino. this afternoon president obama will meet with congressional leader to try to come to a deal to avoid the so-called fiscal cliff. they've been called into a sunday evening session just in case some deal can be reached. boehner is expected to attend the white house meeting but he's made it very clear. the next move is up to the senate. tara mergener has more. >> good morning, duarte. both sides say they are eager to talk and ready to strike a deal. the fiscal cliff is still a few days away, but business owner don carlino says he's already feeling the impact. >> a lot of our customers are holding b
. >>> with just four days before the deadline, president obama meets with congressional leaders today in hopes of reaching a compromise. >>> and less dairy for your dollar. without action by congress by new year's day, milk prices could skyrocket. >> if we want to continue to eat, the bill needs to be passed. that's where we get our food, people. captioning funded by cbs >>> this is the "cbs morning news" for friday, december 28th, 2012. good morning....
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Dec 28, 2012
12/12
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KPIX
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this afternoon president obama will meet with congressional leader to try to come to a deal to avoid the so-called fiscal cliff. they've been called into a sunday evening session just in case some deal can be reached. boehner is expected to attend the white house meeting but he's made it very clear. the next move is up to the senate. tara mergener has more. >> good morning, duarte. both sides say they are eager to talk and ready to strike a deal. the fiscal cliff is still a few days away, but business owner don carlino says he's already feeling the impact. >> a lot of our customers are holding back, they're apprehensive. they're not committing to projects. they're waiting to see what happens with the fiscal cliff. >> hope is fact if congress can get it done before january 1st. even congressional leaders are skeptical. >> the american people have a right to be very upset with this congress. >> president obama has invited nancy pelosi, john boehner, mitch mcconnell, and harry reid to the white house this afternoon for a fiscal cliff summit. >> here we are five days from the new year, a
this afternoon president obama will meet with congressional leader to try to come to a deal to avoid the so-called fiscal cliff. they've been called into a sunday evening session just in case some deal can be reached. boehner is expected to attend the white house meeting but he's made it very clear. the next move is up to the senate. tara mergener has more. >> good morning, duarte. both sides say they are eager to talk and ready to strike a deal. the fiscal cliff is still a few days away,...
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Dec 29, 2012
12/12
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WGN
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that is the take of president barack obama after meeting with congressional leaders. our top story seen or run the country tonight. live in our newsroom with negotiations going into the weekend. our focus now shifts to the senate obama says he is modestly optimistic that leaders can craft a deal. leaders of the house and senate met with president barack obama at the white house this afternoon where they heard that if two sides do not agree on a bill the president will urge the democratic senate to put forth a measure anyway. american people will not have any patients for a politically self-inflicted wound to the economy. the economy is growing but sustaining that trend is gong to require a elected officials to do their jobs. mitch mcconnell and his democratic counterpart harry reid are supposed to keep talking tomorrow there could be a breakthrough by the end of this weekend but the president has repeatedly demanded for the extension of tax cuts below $250,000. illinois comptroller judy thinks that the impact on illinois could be as high as $1 billion if lawmakers don
that is the take of president barack obama after meeting with congressional leaders. our top story seen or run the country tonight. live in our newsroom with negotiations going into the weekend. our focus now shifts to the senate obama says he is modestly optimistic that leaders can craft a deal. leaders of the house and senate met with president barack obama at the white house this afternoon where they heard that if two sides do not agree on a bill the president will urge the democratic senate...
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Dec 28, 2012
12/12
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KPIX
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. >>> reporter: in what's seen as a last-minute attempt to reach a deal, president obama meets at the white house with senate majority leader harry reid, house minority leader nancy pelosi, senate minority leader mitch mcconnell and house speaker john boehner. they have only four days to reach an agreement or the u.s. economy will go off the so- called "fiscal cliff." that's when automatic spending increases and cuts would take effect. reaching a deal won't be easy because both sides are involved in a high stakes political blame game. >> we are here in washington working while the members of the house of representatives are out watching movies and watching the kids play soccer and basketball and doing all kinds of things. they should be here. >> i told the president we would be happy to look at wah he proposes but the truth is we are coming up against a hard deadline and as i said this is a conversation we should have had months ago. >> reporter: democrats want to extend the bush-era tax cuts to everyone except those americans making $250,000 or more a year. many republicans are again
. >>> reporter: in what's seen as a last-minute attempt to reach a deal, president obama meets at the white house with senate majority leader harry reid, house minority leader nancy pelosi, senate minority leader mitch mcconnell and house speaker john boehner. they have only four days to reach an agreement or the u.s. economy will go off the so- called "fiscal cliff." that's when automatic spending increases and cuts would take effect. reaching a deal won't be easy because...
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Dec 29, 2012
12/12
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CSPAN
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the president's eldest grandson discusses meetings with bomb survivors and the experience of the meeting through his trip on c-span3. >> as president obama begins his second term in office, what's the most important issue he should consider for 2013? >> if you're in grade six through 12, make a short video about your message to the president. >> it's c-span student cam video competition. the deadline's january -- for more information go to studentcam.org. >> i like the congressional hearings. i like auto the stuff also about the educationle stuff like all these policymaking situations i'm very interested in i think it's a great thing that washington, d.c. has all these things and c-span covers it. >> eric lowe watches c-span on comcast. c-span, created by america's cable company since 1979, brought to you as a public service by your television provider. host: brendan doherty is the author of the rise of the president's permanent campaign and he's an associate political science professor at the u.s. naval academy and is here to talk about presidents and their campaigning and fundraising.
the president's eldest grandson discusses meetings with bomb survivors and the experience of the meeting through his trip on c-span3. >> as president obama begins his second term in office, what's the most important issue he should consider for 2013? >> if you're in grade six through 12, make a short video about your message to the president. >> it's c-span student cam video competition. the deadline's january -- for more information go to studentcam.org. >> i like the...
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Dec 31, 2012
12/12
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MSNBCW
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. >> president obama on "meet the press" over the weekend. in the wake of the newtown, connecticut school shootings. the president insisted he wants new gun control legislation passed in the next year. he put vice president biden in charge of that task force to make recommendations to him. democratic congressman john yarmouth of kentucky joins us now and he sits on the budget oversight and government reform and ethics committees. good to see you. >> good to be with you. >> what is your thought on what the president said on "meet the press?" >> i think he is absolutely right. what sets this apart, however, is that we do have presidential leadership on this issue. that is something that hasn't been there during past attempts to do something to curb gun violence. i am thrilled about that. i agree with him totally. i've said many times the public has to keep the drum beat going because unless there is a perceived cost to many of the politicians up here not much is likely to happen. we have to make sure the public is engaged and continues to be en
. >> president obama on "meet the press" over the weekend. in the wake of the newtown, connecticut school shootings. the president insisted he wants new gun control legislation passed in the next year. he put vice president biden in charge of that task force to make recommendations to him. democratic congressman john yarmouth of kentucky joins us now and he sits on the budget oversight and government reform and ethics committees. good to see you. >> good to be with you....
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Dec 26, 2012
12/12
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CSPAN
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i should point out that the afghan leader will be meeting with president obama in washington in early january. denver is 7, we understand. what do you make of that pending visit and what that conversation will? --will be like?nuary 7 guest: it will be about the remaining forces and what rules will govern incarceration policies for insurgents that have been captured and i'm sure there are a number of other things on the agenda. but those are the primary things they will discuss. host: back to your trouavels, what our soldiers telling you about the war effort from their perspective in afghanistan? guest: i am finding extraordinary courage on the part of the soldiers. it is quite an amazing experience to be embedded with them. i hear a lot of cynical soldiers, dispirited soldiers who talk about how we are trying prop up one of the most corrupt governments on the planet. afghanistan typically ranks number two or number three as most corrupt in the world. it is no. 6 on the failed states list. the soldiers are very aware of this. there is what is called the ground reality. uth on the groun
i should point out that the afghan leader will be meeting with president obama in washington in early january. denver is 7, we understand. what do you make of that pending visit and what that conversation will? --will be like?nuary 7 guest: it will be about the remaining forces and what rules will govern incarceration policies for insurgents that have been captured and i'm sure there are a number of other things on the agenda. but those are the primary things they will discuss. host: back to...
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Dec 28, 2012
12/12
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KTVU
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reports say president obama will meet with congressional leaders today, and he has a new proposal to offer. yesterday, the president returned to the white house early from his christmas break in hawaii. the senate also returned to session. house speaker john boehner says the house will be called to order sunday and warns lawmakers they may work through friday. ford is expanding in the great lakes state. the automaker will invest $773 million in additions to four of its michigan factories. ford says it'll create 2300 new jobs and may lead to a goal adding 12,000 new jobs across michigan by 2015. the star of the hit tv series "grey's anatomy" is attempting to buy a coffee chain. patrick dempsey, better known as mcdreamy on "grey's," is said to be bidding on tully's coffee shop, which filed for chapter 11 banruptcy back in october due to a cash flow issue. it goes up for auction next week. tully's started up in 1992 in seattle and has multiple stores in washington and california along with nearly licensed locations across the country. the actor says he's stepping up to buy the chain to
reports say president obama will meet with congressional leaders today, and he has a new proposal to offer. yesterday, the president returned to the white house early from his christmas break in hawaii. the senate also returned to session. house speaker john boehner says the house will be called to order sunday and warns lawmakers they may work through friday. ford is expanding in the great lakes state. the automaker will invest $773 million in additions to four of its michigan factories. ford...
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Dec 31, 2012
12/12
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WTTG
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on nbc's meet the press, president obama said the trahook should be a wake up call. >> the question then becomes whether we are actually shook up enough by what happened here. that it does not just become one of these routine episodes where it gets a lot of attention for a couple weeks and drifts away. certainly won't feel like that to me. this is something that that was the worst day of my presidency. and it's not something i want to see repeated. >> the president created a task force to come up with recommendations on how to reduce america's gun violence. >> all right. tucker is back now to talk about our cold weather. >> yeah. it got cold overnight overnight. at least the winds have let up. yesterday a very blustery day. nobody notices. they were too busy watching football. today the winds out of here. clouds moving in from the west. not going to be a perfect day. should be dry. most importantly dry this afternoon and tonight if you are going out. this time a day we like to go around the rest of the country. the travel spots will be in the central sections of the country. 38 in washin
on nbc's meet the press, president obama said the trahook should be a wake up call. >> the question then becomes whether we are actually shook up enough by what happened here. that it does not just become one of these routine episodes where it gets a lot of attention for a couple weeks and drifts away. certainly won't feel like that to me. this is something that that was the worst day of my presidency. and it's not something i want to see repeated. >> the president created a task...
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Dec 28, 2012
12/12
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KBCW
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president obama at the white house friday. this would be the group's first face to face meeting since november 16th and a last minute chance to avoid the so-called fiscal cliff. if no deal is reached taxes will go up for nearly every american and harsh spending cuts will kick in on january 1st. senators reconvened on thursday with tension spilling over on to the floor. >> speaker boehner is unwilling to negotiate. there's nothing happening. >> the phone never rang and so now here we are five days from the new year and we might finally start talking. >> reporter: senate majority lyddite harry reid skewered house speaker john boehner, charging he's more interested in his leadership position than in bipartisan legislation. >> the speaker's number one goal is to get elected speaker on january 3rd. >> reporter: the two sides are at odds over tax cuts and spending. republicans say it's up to the democraticly controlled stat and white house to reach an agreement. >> republicans aren't about to write a blank check or anything senate d
president obama at the white house friday. this would be the group's first face to face meeting since november 16th and a last minute chance to avoid the so-called fiscal cliff. if no deal is reached taxes will go up for nearly every american and harsh spending cuts will kick in on january 1st. senators reconvened on thursday with tension spilling over on to the floor. >> speaker boehner is unwilling to negotiate. there's nothing happening. >> the phone never rang and so now here we...
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Dec 28, 2012
12/12
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CSPAN2
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with historians that president obama held in the white house. >> guest: very interesting meeting. it took place when he was in office only five months. and he invited nine liberal historians to have dinner with him in the family quarters. no conservative historians were invited. and during that dinner he laid out for them early, early, early in his term in office his view of what he would accomplish. and basically, what he said is he wants to be a transformational president who would bring social equality, greater social equality to the united states by spreading the wealth around, that he believed in a more corporatist system of economy meaning that big government, big corporations and big unions would decide who's going to win and who's not going to win, and that he would take a less aggressive role abroad in what we now call lead from behind. a lot of these historians wondered how he was going to accomplish so much when he had two wars going on at that time in iraq and afghanistan, and even lyndon johnson couldn't get a lot of his domestic stuff passed when he had two wars goin
with historians that president obama held in the white house. >> guest: very interesting meeting. it took place when he was in office only five months. and he invited nine liberal historians to have dinner with him in the family quarters. no conservative historians were invited. and during that dinner he laid out for them early, early, early in his term in office his view of what he would accomplish. and basically, what he said is he wants to be a transformational president who would...
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Jan 1, 2013
01/13
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FOXNEWSW
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president obama of course encouraging lawmakers to quote, pass it without delay. senior white house foreign affairs correspondent wendell goler is live at the white house this morning with the very latest. wendell, a whole lot is happening right now. what does the white house expect the house to do today? >> reporter: it is unclear, heather. as you point out the vice president just arrived at the capital to rally democrats to support the compromise measure that senate passed last night. he wouldn't predict how the house will vote. house republicans will not decide to vote until after they studied bill. it doesn't contain any significant spending cuts and that will make it a tough sell to house republicans. yesterday the president aimed to put some pressure on them in an appearance that showcased middle class americans who would be hit by a tax hike. mr. obama said, he would have prefered a bigger deal that included spending cuts. >> a grand bargain, whatever want to call it, that solves our deficit problems in a balanced and responsible way, that just doesn't deal
president obama of course encouraging lawmakers to quote, pass it without delay. senior white house foreign affairs correspondent wendell goler is live at the white house this morning with the very latest. wendell, a whole lot is happening right now. what does the white house expect the house to do today? >> reporter: it is unclear, heather. as you point out the vice president just arrived at the capital to rally democrats to support the compromise measure that senate passed last night....
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Dec 28, 2012
12/12
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WUSA
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president obama meets with the top congressional leaders. no deal can be reached impasse without their meeting. so far the fiscal talks have been when all four of these leaders have been present. >> whether he meant it or not, it seems exhaustive. >> i mean what's going on here? >> what indeed. president obama returned to the white house in a grim mood. he met with no congressional leaders and said nothing about his efforts to avert the fiscal cliff. talks continue between senior white house and congressional staff, but that's been true throughout then tire saga. with the deadline looming there were dire predictions. >> come the first of this year, americans will have less income than they have today. >> and rekrimm nations. >> now republicans have bent over backward. we've stepped way, way out of our comfort zone. we wanted an agreement, but we had no takers. >> the senate's top democrat said it has nothing to do with phone calls but house republican obstruction. >> thehouse of representatives is operating without the house of representativ
president obama meets with the top congressional leaders. no deal can be reached impasse without their meeting. so far the fiscal talks have been when all four of these leaders have been present. >> whether he meant it or not, it seems exhaustive. >> i mean what's going on here? >> what indeed. president obama returned to the white house in a grim mood. he met with no congressional leaders and said nothing about his efforts to avert the fiscal cliff. talks continue between...
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Dec 30, 2012
12/12
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CSPAN
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the highlight will be president obama on nbc's "meet the press." on abc this morning, senator chuck schumer. along with jon kyl of arizona. on cbs, dick durbin and tom coburn, the republican from oklahoma. fox news this morning, on fox news sunday, senator lindsey graham, the republican from south carolina, on what senator dianne feinstein, democrat of california. it should be a busy morning on the sunday shows. back to your calls. june is waiting from wisconsin, on the independent line. good morning. host: good morning. first of all, shame on a congress, particularly the republicans who have just wanted to does -- to destroy this country. the tea party, i am so glad i am able to say this, the t stands for treason, because they have done all they possibly can to ruin america, to overthrow our government. host: can you take us through the next 48 hours on this debate on the fiscal cliff? what needs to happen? caller: ok. i say, the president should be willing to come up to $300,000, as far as tax increases. we need revenue. $400,000, some people mak
the highlight will be president obama on nbc's "meet the press." on abc this morning, senator chuck schumer. along with jon kyl of arizona. on cbs, dick durbin and tom coburn, the republican from oklahoma. fox news this morning, on fox news sunday, senator lindsey graham, the republican from south carolina, on what senator dianne feinstein, democrat of california. it should be a busy morning on the sunday shows. back to your calls. june is waiting from wisconsin, on the independent...
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Dec 30, 2012
12/12
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CNNW
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here's president obama after his meeting with top political leaders on friday. >> the american people are watching what we do here. obviously, their patience is already thin. this is deja vu all over again. america wonders why it is in this town for some reason you can't get stuff done in an organized timetable. why everything always has to wait until last minute. well, we're now at the last minute. the american people are not going to have any patience for a politically self-inflicted wound to our economy. >> and he apparently wasn't kidding. we put out a call for our cnn ireporters to send us their messages to washington and, yes, we got a ton of responses. quite a few of you were frustrate would the lack of action in washington. this is missy with her take on the men and women in congress. >> this whole fiscal cliff mess shows how incredibly out of touch you are with the way people really live in this country. you are off in la la land and everybody is saying how you are acting like a bunch of spoiled brats who are more interested in being right than in doing the right thing and ac
here's president obama after his meeting with top political leaders on friday. >> the american people are watching what we do here. obviously, their patience is already thin. this is deja vu all over again. america wonders why it is in this town for some reason you can't get stuff done in an organized timetable. why everything always has to wait until last minute. well, we're now at the last minute. the american people are not going to have any patience for a politically self-inflicted...
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Dec 28, 2012
12/12
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FBC
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president obama will meet with congressional leaders in just a few hours from now. right now, the dow is down 72 points. the chinese government is announcing stiff new rules to use the internet. the communist country now requires users to provide their real name to service providers. it places a greater burden on web companies. fox sports media group is buying cleveland indians sports channel. it is worth -- it will give fox sports the right to broadcast indian games for ten years. it is owned by news corporation. that is the latest from the fox business network. giving you the power to prosper. ♪ david: who does not know that sweet smell of cinnabon. you follow your noses to the bakery chain nearest store every day. it is not just here in the united states. congratulations, you guys just surpassed 1000 stores. >> our locations are located in shopping and traveling venues. terms of growth in the u.s., but, todd outside as well. russia, the middle east continue to be our largest and fastest growing markets. david: i guess the middle east has a sweet tooth over ther
president obama will meet with congressional leaders in just a few hours from now. right now, the dow is down 72 points. the chinese government is announcing stiff new rules to use the internet. the communist country now requires users to provide their real name to service providers. it places a greater burden on web companies. fox sports media group is buying cleveland indians sports channel. it is worth -- it will give fox sports the right to broadcast indian games for ten years. it is owned...
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Dec 28, 2012
12/12
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WBAL
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fiscal cliff kicks in, president obama and top members of congress meet today at the white house, and the house is holding a rare session on sunday. but there are no signs that any proposals are taking shape that both sides can agree on. >>> heartbreak for many americans now banned from adopting russian children. this morning, president vladimir putin signed a bill that blocks russian children from leaving the country, even if u.s. families have already started the process of adopting them. the ban appears to be in re retaliation for u.s. criticism of russia's human rights record. >>> it's back to work for hillary clinton after being sidelined due to a concussion. she hit her head earlier this month after a stomach virus caused her to faint. overseas travel will remain off the table for several more weeks. >>> a woman has been arrested suspected of running a fraudulent fundraising scheme to profit off the sandy hook shooting tragedy. the 37-year-old was charged with lying to the fbi agents investigating the alleged scam. she spoke off camera earlier this month with our own jeff rossen
fiscal cliff kicks in, president obama and top members of congress meet today at the white house, and the house is holding a rare session on sunday. but there are no signs that any proposals are taking shape that both sides can agree on. >>> heartbreak for many americans now banned from adopting russian children. this morning, president vladimir putin signed a bill that blocks russian children from leaving the country, even if u.s. families have already started the process of adopting...
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Jan 1, 2013
01/13
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CSPAN
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there is a lot of the senators who went into the meeting saying, we cannot go for this. host: we have a tweet. guest: i believe it will but not as much as everybody hoped. obama was asking for $1.2 trillion. there was a major concession on the estate tax. they ended up agreeing to a $5 million cut off and a 40% taxation rate. that is a significant chunk of revenue. host: it seems republicans are nervous as well. this is a conservative blog. "it is an enigmatic riddle for you. you get tax hikes and no spending cuts. in fact, we will spend even more as a result of this deal." guest: i think democrats are coming out on the losing end. the rates have already gone ou up. they are essentially agreeing to a tax rate and not getting any spending cuts for it. between now and around two, they will get beat up by a lot of their members. there will be sweating through this vote today. host: we have a tweet from bill king. thomas, you are on the air. caller: good morning. happy new year. we say that most of the politicians are looking down the road at the 2014 election. they had to v
there is a lot of the senators who went into the meeting saying, we cannot go for this. host: we have a tweet. guest: i believe it will but not as much as everybody hoped. obama was asking for $1.2 trillion. there was a major concession on the estate tax. they ended up agreeing to a $5 million cut off and a 40% taxation rate. that is a significant chunk of revenue. host: it seems republicans are nervous as well. this is a conservative blog. "it is an enigmatic riddle for you. you get tax...
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Dec 28, 2012
12/12
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CNNW
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with president obama, trying to strike a deal with just four days to go. getting lost in the rhetoric are everyday americans like my next guest, she says washington needs to know how important the fiscal cliff is to those who are out of work, specifically to the 2 million americans who will lose their federal unemployment benefits an average of about $300 a week if no deal is reached. >> good morning. >> you were laid off a year ago. tell us your story. >> well, yes, i was laid off a year ago around this time in december. and i received employment so i've been trying to look for a job which has been very difficult, on the internet every day. i also tried to start my own small business in the same field, janitorial services, which the whole thing of not having any money has caused a great hardship because i'm unable now to finance my business as well or get a small business loan because i don't have a job. >> $300, i just want to jump in, i apologize for cutting you off $300 a week doesn't get you very far to the point of financing a business. how much did
with president obama, trying to strike a deal with just four days to go. getting lost in the rhetoric are everyday americans like my next guest, she says washington needs to know how important the fiscal cliff is to those who are out of work, specifically to the 2 million americans who will lose their federal unemployment benefits an average of about $300 a week if no deal is reached. >> good morning. >> you were laid off a year ago. tell us your story. >> well, yes, i was...
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vice presidentbiden went to the hill earlier in the day to meet. >> earlier president obama had harsh words. >> if they think i will finish the job in spebding cuts -- spending cuts alone they've got another thing coming. >> the deal will increase estate tax and bring back clinton era tax cuts. fromhouse holds earning 250 thousand dollars a year reportedly to those making 4 hundred and 50 thousand dollars. frustratedrepublicans say while the deal will probably pass, it's not ideal. >> i personally don't like it because i think we're kicking the can down the road and not addressing the real crisis in the country which was not the fiscal cliff, it's a debts crisis. >> the spending cuts that were a sticking point are now postponed for two months at least. >> much more to come on this. stay with abc2 news for late breaking details out of washington. when we're not on the air you can get updates on abc2news.com. you can also find a guide on what the deal could mean for your wallet. if youhaven't checked your tax standing with the homestead tax credit, you better do it, today is the last da
vice presidentbiden went to the hill earlier in the day to meet. >> earlier president obama had harsh words. >> if they think i will finish the job in spebding cuts -- spending cuts alone they've got another thing coming. >> the deal will increase estate tax and bring back clinton era tax cuts. fromhouse holds earning 250 thousand dollars a year reportedly to those making 4 hundred and 50 thousand dollars. frustratedrepublicans say while the deal will probably pass, it's not...
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Dec 30, 2012
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he's on nbc's "meet the press." mr. obama is expected to call for an immediate vote by congress on a scaled-back plan that would only extend middle class tax breaks and unemployment benefits if the congressional negotiations fail. >>> fears over the fiscal cliff are weighing heavily on u.s. stocks, which posted five straight days of losses. the dow had a triple-digit loss on friday. the nasdaq and s&p 500 entered the day and week in the red. i spoke with one wall street trader about mow a deal could help the markets get back in the green. >> listen, if we get a deal and we get a deal that's substantive and realistic and that the market believes, i think the market will rally back and certainly rally back to the 1425, 1440 level. they won't go back it to 1475 unless they pull the complete rabbit out of the hat. i don't think that will happen. the market will certainly rally. you can feel it. every time one comes out and is optimistic, you see the market try to take back some of the losses because it wants a settlement an
he's on nbc's "meet the press." mr. obama is expected to call for an immediate vote by congress on a scaled-back plan that would only extend middle class tax breaks and unemployment benefits if the congressional negotiations fail. >>> fears over the fiscal cliff are weighing heavily on u.s. stocks, which posted five straight days of losses. the dow had a triple-digit loss on friday. the nasdaq and s&p 500 entered the day and week in the red. i spoke with one wall street...
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." >> reporter: on n-b-c's meet the press, president obama made a final pitch for his plan to preserve bush era tax cuts for everyone but the wealthiest americans. >> "regardless of partisan differences, our top sure that taxes on middle that would hurt our economy badly." >> reporter: a major sticking point continues to be the annual income level at which those tax increases should kick in. the threshold has wavered from 250-thousand dollars to as high as one-million dollars. republicans argue the country doesn't have a tax revenue problem, it has a spending problem. >> "unless we do something about spending, the government will continue to get bigger and the deficit will continue to get bigger." >> reporter: following the president's interview, speaker of the statement saying in part: "republicans made every effort to reach the 'balanced' deficit agreement that the president promised the american people.we've been reasonable and responsible. the president is the one who has never been able to get to 'yes.'" >> "what i ran on, and what the american people elected me to do, was to put
." >> reporter: on n-b-c's meet the press, president obama made a final pitch for his plan to preserve bush era tax cuts for everyone but the wealthiest americans. >> "regardless of partisan differences, our top sure that taxes on middle that would hurt our economy badly." >> reporter: a major sticking point continues to be the annual income level at which those tax increases should kick in. the threshold has wavered from 250-thousand dollars to as high as...
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. >> in an envious they would meet the press, obama voiced skepticism about proposals a place apart at schools following the mass shooting in newtown, conn. that killed 21st graders. >> i think the american people are skeptical that some how that will solve our problems. >> in his most is difficspecific remarks about gun violence is the deadly assault at sandy hook elementary school president obama says he still supports increased background checks and bans on assault weapons and high- capacity black magazines. >> obama is endorsing a proposal by the illinois state legislator to legalized gay marriage. >> this is a rare move by president. as most presidents do not weigh in on state legislative matters. >> chicago state senator heather steans is expected to introduce a gay marriage proposal later this week. if the proposal passes illinois will become the 10th state to approve same-sex marriage. >>in the midwest that were bruised a marriage for its legislature. >> and reminder the bay area's favorite way to bring in the new year is always with kron 4. >> the biggest part is a spectacular
. >> in an envious they would meet the press, obama voiced skepticism about proposals a place apart at schools following the mass shooting in newtown, conn. that killed 21st graders. >> i think the american people are skeptical that some how that will solve our problems. >> in his most is difficspecific remarks about gun violence is the deadly assault at sandy hook elementary school president obama says he still supports increased background checks and bans on assault weapons...
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here with president obama. that would not be good signs. >> whatever we come up with is going to be imperfect. not people aren't going to like it. some people will like it less. >> this is a total derelectino due of duty at every level. >> try and get at least a small package, at least a small deal together before the new year. >> if we don't have a deal within the next 24 hours, the question is where do you buy a pair of shoes? >> greta: senator bob corker joins us. you said it is a total dereliction of duty at every level. >> we still haven't even behe gun to deal with the issues causing the fiscal insolvent say we are facing and that is the entitlements. nothing has been discussed. it is not on o the table. we are not going to deal with it this year. it will be the issue we deal with running into the debt ceiling around mid march to the economy will continue to have a pail over it because we have not dealt with the issue that our nation needs to face up to right now. >> greta: shouldn't the american people b
here with president obama. that would not be good signs. >> whatever we come up with is going to be imperfect. not people aren't going to like it. some people will like it less. >> this is a total derelectino due of duty at every level. >> try and get at least a small package, at least a small deal together before the new year. >> if we don't have a deal within the next 24 hours, the question is where do you buy a pair of shoes? >> greta: senator bob corker joins...
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Dec 30, 2012
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president obama came out on friday and urged them to get behind his plans. again today he sat down with david gregory, of course, during that exclusive interview on "meet the press" and urged republicans to act saying that it appears all they are interested in is protecting taxes for wealthy americans. republicans, by the way, lashed out at those comments saying the president seems more interested in placing blame instead of actually leading, but that at this point in time seems to be president obama's strategy to some extent, publicly pressuring republicans to act and to move on these negotiations. so that is where this stands right now. the white house monitoring everything that's going on the hill quite closely, but i can tell you, melissa, that there is a sense of optimism that is waning here at the white house. you can sense that when you talk to the officials here. >> well, the eternal optimist. vice president joe biden apparently dropped by the white house today. do you know if he and the president have spoken? >> reporter: well, he is here at the whi
president obama came out on friday and urged them to get behind his plans. again today he sat down with david gregory, of course, during that exclusive interview on "meet the press" and urged republicans to act saying that it appears all they are interested in is protecting taxes for wealthy americans. republicans, by the way, lashed out at those comments saying the president seems more interested in placing blame instead of actually leading, but that at this point in time seems to be...
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after meeting with congressional leaders yesterday, president obama compared the standoff on capitol hill to how average americans handle conflict. >> americans don't have any patience. ordinary folks to their jobs, they meet deadlines, they sit down and they discuss things and then things happen. if there are disagreements, they sort through the disagreements. the notion that our elected leadership can't do the same thing is mind boggling to them. it needs to stop. >> only if. kristen welker at the white house. good morning to you. a lot happening in d.c. a lot happening on capitol hill i assume, a lot happening at the white house as well. >> it sure is, good morning, it j. all eyes on the senate right now. minority leader mitch mcconnell and majority leader harry reid try to cobble together a last minute deal to avoid the fiscal cliff. this on the heels of the meeting that happened at the white house. and top congressional leaders met for about an hour. source who's have knowledge say the president laid out two options for lawmakers, one, either come up with a plan that can pass th
after meeting with congressional leaders yesterday, president obama compared the standoff on capitol hill to how average americans handle conflict. >> americans don't have any patience. ordinary folks to their jobs, they meet deadlines, they sit down and they discuss things and then things happen. if there are disagreements, they sort through the disagreements. the notion that our elected leadership can't do the same thing is mind boggling to them. it needs to stop. >> only if....
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wants us to go over the fiscal cliff. >> reporter: on "meet the press," president obama blamed republicans. >> they say their biggest priority is dealing with the deficit, but the way they're behaving is their only priority is making sure taxes don't go up on the rich. >> reporter: the senate minority leader says -- >> i'm willing to get this done. but i need a dance partner. >> reporter: enter vice president joe biden, called by mcconnell. can the senate veteran help congress stumble to a deal on the last day? if not, and we do go off the cliff, congress could be more likely to make a deal and quickly, because then lawmakers could claim they voted to cut middle class taxes. i'm steve handlesman, news4, capitol hill. >> if nothing else, it looks like there will be a deal to keep the price of milk from skyrocketing. leaders have agreed to a one-year ex-tense of the 2008 farm bill that expired in october. the deal will avert a spike in milk prices to as much as $8 a gallon. but it has to come to a vote in the house and senate tomorrow. a new report tonight further criticizes the state depart
wants us to go over the fiscal cliff. >> reporter: on "meet the press," president obama blamed republicans. >> they say their biggest priority is dealing with the deficit, but the way they're behaving is their only priority is making sure taxes don't go up on the rich. >> reporter: the senate minority leader says -- >> i'm willing to get this done. but i need a dance partner. >> reporter: enter vice president joe biden, called by mcconnell. can the senate...
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president obama is though meeting with congressional leaders at the white house today. it's a move that tennessee senator bob corker says feels more like optics than anything else. while several other critics claim lawmakers may actually want to go off the fiscal cliff. and in fact some have said the president wants to go off the fiscal cliff. so, can a deal be reached? juan williams is a fox news political analyst. he joins us live. mary katharine ham, editor-at-large at hotair.com and is a fox news contributor. juan, what do you think about that notion? barrasso was the first one to say it on "fox news sunday" and you were there but others have said it since that the president really does want to go over the cliff so that he can reap the benefits of all of the tax revenues that would be had by everybody's taxes going up? >> i think that is historical revisionism of a very current type. he is already trying to spin this because i think it is clear from the polls that most americans want a deal. they want a compromise. at the moment are blaming republicans and so i thin
president obama is though meeting with congressional leaders at the white house today. it's a move that tennessee senator bob corker says feels more like optics than anything else. while several other critics claim lawmakers may actually want to go off the fiscal cliff. and in fact some have said the president wants to go off the fiscal cliff. so, can a deal be reached? juan williams is a fox news political analyst. he joins us live. mary katharine ham, editor-at-large at hotair.com and is a...
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nbc's moderator of "meet the press" david gregory joins me now. as we've said, david, you sat down with president obama this afternoon for an exclusive interview that airs tomorrow morning, but give us a hint. is he optimistic? do you come away with any hope that we're going to have a deal before the deadline? >> i'd say a couple things. i think the president continues to be optimistic, but he, i think, in part is doing the interview on "meet the press" because he wants to keep the pressure on republicans to get something done and made very clear in the course of the interview that there is a political cost to be paid if there is not a deal, a cost that i think he believes will be paid mostly by republicans if they don't get something done. he's gone out of his way to really cast his argument as one of protecting the middle class and that the middle class, 98% of americans don't want to see their taxes go up. if there is a failure to act. that said, the president did not strike me as overly worried about going over the cliff. both confident that t
nbc's moderator of "meet the press" david gregory joins me now. as we've said, david, you sat down with president obama this afternoon for an exclusive interview that airs tomorrow morning, but give us a hint. is he optimistic? do you come away with any hope that we're going to have a deal before the deadline? >> i'd say a couple things. i think the president continues to be optimistic, but he, i think, in part is doing the interview on "meet the press" because he...
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president obama is expected to cut short his vacation today and head back to washington to meet with republicans. >>> farmers worry about drought, insects, and disease. right now some say the biggest threat to their livelihood is congress. the fight in d.c. over the fiscal cliff is leaving the future uncertain for one law, and farmers depend on that law. >> reporter: eagle lake, texas, depends on rice. it's been grown here since the 1800s. drought is usually the biggest threat, but the nervous talk in the drugstore now is about congress. >> without the farm bill, it really makes it uncertain for what you should do next year. >> reporter: steve is a pharmacist here and a rice farmer. >> people are nervous. >> very nervous. >> what are they saying when they're coming in? what are you hearing? >> what do we do? they don't know what to do. it's so uncertain right now that the banks don't know what to do, the farmers don't know what to do. they're out there plowing the land, getting it all prepared for next year with total uncertainty. >> reporter: at stake? $154 billion in federal farm a
president obama is expected to cut short his vacation today and head back to washington to meet with republicans. >>> farmers worry about drought, insects, and disease. right now some say the biggest threat to their livelihood is congress. the fight in d.c. over the fiscal cliff is leaving the future uncertain for one law, and farmers depend on that law. >> reporter: eagle lake, texas, depends on rice. it's been grown here since the 1800s. drought is usually the biggest threat,...
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. >> at yesterday's white house meeting, president obama did not offer negotiators anything new. he just tried to sell them on the same plan he outlined last friday, being called plan c. since the president's plan a and speaker boehner's plan b both failed to gain traction. plan c would extend middle class tax rates and we're told the senate wants to tweak exactly who counts as being in the middle class. maybe even raising the income threshold and the white house is apparently willing to go as high as 4 or $500,000 a year. plan c would expand unemployment benefits for the 2 million people set to lose them at the end of this year. it would include a small amount of spending cuts but would not touch entitlements like medicare and not deal with the debt limit right now. >> i am modestly optimistic that an agreement can be achieved. nobody is going to get 100% of what they want. but let's make sure that middle class families and the american economy and in fact the world economy are aren't adversely affected because people can't do their jobs. >> and today lawmakers are in staff leve
. >> at yesterday's white house meeting, president obama did not offer negotiators anything new. he just tried to sell them on the same plan he outlined last friday, being called plan c. since the president's plan a and speaker boehner's plan b both failed to gain traction. plan c would extend middle class tax rates and we're told the senate wants to tweak exactly who counts as being in the middle class. maybe even raising the income threshold and the white house is apparently willing to...
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president obama was on "meet the press" today andy said the pressure is on congress. on friday, he was optimistic after meeting with congressional leaders, but if they cannot come up to an agreement he wants the senate to put in a bill. live coverage bomb the -- of the senate on c-span 2. returning at 2:00 p.m. eastern in the house with boats as early as 6:30 p.m. -- votes as early as 6:30. you can watch a live house coverage iran c-span. more on the fiscal cliff from this morning's "washington journal." host: our topic is the fiscal cliff. of we have done for last several sundays, we welcome the policy director for the concord coalition and a columnist for roll call newspaper. thank you for coming back. stan, as we stand on the edge of the fiscal cliff, is there any chance we do not go over? guest: we are relying on a senate that has been dysfunctional and avoided a filibuster when it will be really easy for one or more senators who do not like tax increases to just filibuster round and we are relying on a house that could not take the lead. it's important to state t
president obama was on "meet the press" today andy said the pressure is on congress. on friday, he was optimistic after meeting with congressional leaders, but if they cannot come up to an agreement he wants the senate to put in a bill. live coverage bomb the -- of the senate on c-span 2. returning at 2:00 p.m. eastern in the house with boats as early as 6:30 p.m. -- votes as early as 6:30. you can watch a live house coverage iran c-span. more on the fiscal cliff from this morning's...
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late word that president obama will meet tomorrow with congressional leaders for one more shot at keeping the country from going over the fiscal cliff. before we get the latest on that, though, let's clear one thing up. everyone talks about the cliff as if it's simply materialized from out of the blue. keeping them honest, that is just not so. the package of drastic budget cuts and tax increases that goy into effect tuesday morning are totally manmade, totally avoidable, and all sides know it. it's a kind of legislative dooms day machine written by the men and women who work here and signed by president obama. the idea being to make it so painful not to cut a deal on taxes and spending that they would be forced to cut a deal on taxes and spending. except keeping them honest, they haven't done it. even though they knew the stakes, they knew the deadline, and both sides promised that this time things would be different. >> we need to return to fiscal responsibility. >> how is it that we're going to be able to do that? getting our fiscal house in order. >> the american people have spoken lou
late word that president obama will meet tomorrow with congressional leaders for one more shot at keeping the country from going over the fiscal cliff. before we get the latest on that, though, let's clear one thing up. everyone talks about the cliff as if it's simply materialized from out of the blue. keeping them honest, that is just not so. the package of drastic budget cuts and tax increases that goy into effect tuesday morning are totally manmade, totally avoidable, and all sides know it....
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sum -- president obama summoned the house and summit leaders from both parties for a meeting on friday. if they can't reach a deal, taxes go up on all of us. plus, don't forget the impact on your 401k. audrey barns joins us with the latest. >> reporter: everyone involved in a meeting between republican and democratic leaders described it as productive, yet it didn't produce an agreement and there are two days left to get it done to avoid automatic tax hikes and across-the-board spending cuts. lawmakers involved in the white house summit vowed to keep chipping away at the sticking points to reach a deal. while senate minority leader mitch mcconnell struck an optimistic tone, senate majority leader harry reid sounded cautious, warning americans whatever they come up with by sunday won't be perfect. after the meeting, president obama made it clear failure is not an option. >> if we don't see an agreement between the two leaders and the senate, i expect a beam to -- bill to go on the floor, and i have asked senator reid to do this, put a bill on the floor that taxes on the middle class fam
sum -- president obama summoned the house and summit leaders from both parties for a meeting on friday. if they can't reach a deal, taxes go up on all of us. plus, don't forget the impact on your 401k. audrey barns joins us with the latest. >> reporter: everyone involved in a meeting between republican and democratic leaders described it as productive, yet it didn't produce an agreement and there are two days left to get it done to avoid automatic tax hikes and across-the-board spending...
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sunday in an interview with david gregory on "meet the press." nbc news white house correspondent kristin welker has details. >> reporter: on "meet the press," president obama continued his public campaign to pressure congress. >> if congress doesn't act, then everybody's taxes go up. and for the average family, that could mean a loss of $2,000 in income, and the whole economy could slow down at a time when the economy's actually starting to pick up. >> reporter: he again called on lawmakers to strike a deal or hold a vote on his plan which would raise tax rates on wealthy americans, a major sticking point for republicans. >> the way they're behaving is that their only priority is making sure that tax breaks for the wealthiest americans are protected. that seems to be their only overliove overriding theme. >> reporter: after the interview, republicans accused the president of assigning blame instead of leading. >> when they say leadership falls on you, mr. president, you don't have a role in breaking this impact? you've had a tough go with congre
sunday in an interview with david gregory on "meet the press." nbc news white house correspondent kristin welker has details. >> reporter: on "meet the press," president obama continued his public campaign to pressure congress. >> if congress doesn't act, then everybody's taxes go up. and for the average family, that could mean a loss of $2,000 in income, and the whole economy could slow down at a time when the economy's actually starting to pick up. >>...
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meet the press" tomorrow. the president continues to be optimistic but he, i think, in part is doing the interview on "meet the press" because he wants to keep the pressure on republicans to get something done and made very clear in the course of the interview that there's a political cost to be paid if there is not a deal. you can see the full interview with the president from the white house tomorrow morning on "meet the press" at 10:30 right here on nbc 4. >>> some good news for former president george h.w. bush tonight. he's out of intensive care. the 88-year-old's been in the hospital for five weeks now. he was recovering from bronchitis last weekend when he developed a fever and was moved to the icu. the bush family released a statement today saying they're thankful for everyone's prayers and good wishes. >>> tomorrow is the big day for redskins fans. they face the cowboys of course with their division title on the line. jason is here as we gear up for tomorrow's make or break game. >> it seemed like the
meet the press" tomorrow. the president continues to be optimistic but he, i think, in part is doing the interview on "meet the press" because he wants to keep the pressure on republicans to get something done and made very clear in the course of the interview that there's a political cost to be paid if there is not a deal. you can see the full interview with the president from the white house tomorrow morning on "meet the press" at 10:30 right here on nbc 4....
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>>reporter: republicans blame president obama for the collapse of a bigger deal which would have cut spending and reduce the debt. >> it is the president's responsibility to layout a plan and to bring people together. >>reporter: tonight senate majority leader reid and senate republican leader mcconnell agreed to spend the weekend working on plan that will be able to pass both chambers of congress. in assessing the impact of the cuts we relied on the study from george mason university taking a broad look at where the cuts would come. drill down into specifics we call head start program. we called health care centers and laboratories and anybody who would rely on federal money this might be cut and what we were told universally is that nobody really had an idea of which programs would be cut and which programs would be spared. they are all waiting for the word from congress. like the rest of us. 7 news. >> and we wait. warning tonight from pg&e. utility is sending out tweet right now warning people that a man with hispanic accent is calling senior citizens and ease telling them the se
>>reporter: republicans blame president obama for the collapse of a bigger deal which would have cut spending and reduce the debt. >> it is the president's responsibility to layout a plan and to bring people together. >>reporter: tonight senate majority leader reid and senate republican leader mcconnell agreed to spend the weekend working on plan that will be able to pass both chambers of congress. in assessing the impact of the cuts we relied on the study from george mason...
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house republicans have ended their meetings for the night. we'll find out tomorrow whether they've made any progress in their talks. any deal would have to get enough votes to pass the senate and the house. president obama says sandy hook school shooting was the worst day of his presidency. americans will have to explore their own feelings when his gun law reform proposals come out next year. >> the question then becomes, whether people are actually shook up enough by what happened here, that it does not become another one of these routine episodes where it gets a lot of attention for a couple weeks and then it drifts away. it certainly won't feel like that to me. >> the president says the law he's pushing will address assault style rifles, high capacity magazines and background checks. >>> the fiscal cliff, it's not the only deadline pressing on congress. a five-year farm subsidies bill that expired in september was never renewed. house and senate members did come up with a short term extension to prevent prices from going through the roof i
house republicans have ended their meetings for the night. we'll find out tomorrow whether they've made any progress in their talks. any deal would have to get enough votes to pass the senate and the house. president obama says sandy hook school shooting was the worst day of his presidency. americans will have to explore their own feelings when his gun law reform proposals come out next year. >> the question then becomes, whether people are actually shook up enough by what happened here,...
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--vo-- sunday the president made an appearance on meet the prrss 3 calling for a mini deaa if congrrss can't agree on a broader deal bb midnighh.. --sot: president brack obama, source: nbc (pre-fonttd)-- let's at inimum make sure that peeple's taxes don't go don't loseetheir unemmloyment - innurance --rene oo camera-- january first -- hikes and 1) at this late stage of the game what is theesticking point? what is keeping both sides from a deal? 2) with soolittle time left are any laamaaers exprrssing actually get this done in time? coming uppin ourrhometown hotsp. hotspot... the ecret iigredients... to curing thoss post-party ppins.where you can go....for a new year'' day brunch.yyu're watching fox 45 morning news.. all local.. all morning. ((break 7)) -3 3 if you don't ave plans to ring in the new year yet... wee have great oppion for you. in lassvegas and you can see it all right here on fox45. candace isshhrr with the detailscandace- it's caaled be hhll at the mandalayybayy resort and caainocarren electra and lifehouse will perform.and it was just announced that yoo will also hear a
--vo-- sunday the president made an appearance on meet the prrss 3 calling for a mini deaa if congrrss can't agree on a broader deal bb midnighh.. --sot: president brack obama, source: nbc (pre-fonttd)-- let's at inimum make sure that peeple's taxes don't go don't loseetheir unemmloyment - innurance --rene oo camera-- january first -- hikes and 1) at this late stage of the game what is theesticking point? what is keeping both sides from a deal? 2) with soolittle time left are any laamaaers...
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Dec 28, 2012
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two hours from the crucial white house meeting between president obama and congressional leaders. a imus: big apps for the big apple. the 108-year-old subway going high tech and we have adam shapiro coming up next. dennis: how do you is an apps in a subway when you can't get a signal? this i have got to see. ♪ >> the dow still down 68 points, 1337. you know, traders worried about the cliff, but i'm not afraid. they are going to work it out, and if they don't, it actually could be a good shock to the system. >> they will, but it shocks us
two hours from the crucial white house meeting between president obama and congressional leaders. a imus: big apps for the big apple. the 108-year-old subway going high tech and we have adam shapiro coming up next. dennis: how do you is an apps in a subway when you can't get a signal? this i have got to see. ♪ >> the dow still down 68 points, 1337. you know, traders worried about the cliff, but i'm not afraid. they are going to work it out, and if they don't, it actually could be a good...
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Dec 29, 2012
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president obama in that meeting apparently told them try and work something out. and reid left and made a statement last night, as did mcconnell, that they're going to try and work something out. the best-case scenario is that sometime tomorrow they are able to put it to the senate and then it quos to the house, and then there's a real bill that sounds like a compromise. it's not the grand bargain we were all looking for. it will be some kind of deal to stop going over the cliff. option two is what we're talking about here, that those two can't get a deal and they put something forward and everybody in the senate and subsequently hopefully in the house gets to say yea or no to it. you're on the record. if you go over the cliff, everybody know where is you stood in trying to prevent that from happening. >> do you think the average american, all of us, makes heads or tails -- >> no. >> -- out of what this impact will be on our wallets? >> no. first of all, it's stupid. it's stupid that we're here. there's been nothing that has happened economically that we've been a
president obama in that meeting apparently told them try and work something out. and reid left and made a statement last night, as did mcconnell, that they're going to try and work something out. the best-case scenario is that sometime tomorrow they are able to put it to the senate and then it quos to the house, and then there's a real bill that sounds like a compromise. it's not the grand bargain we were all looking for. it will be some kind of deal to stop going over the cliff. option two is...
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Dec 28, 2012
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. >>> in other news, with just four days to go, president obama and the top lawmakers meet today at the white house on the fiscal cliff. any compromise is expected to include an extension of the middle class tax cuts with increased rates at upper incomes. spending cuts could also be canceled. ahead of those talks, plenty of blame is being spread around already. >> john boehner seems to care more about keeping his speakership than keeping the nation on firm financial footing. >> hopefully there's time for an agreement of some kind. >> speaker john boehner called the house back into session for a highly unusual sunday evening session just in case. >>> an unexpected consequence of the fiscal cliff stalemate could mean sticker shock at your grocery store. milk prices could soon spike to $8 a gallon. wow. congress has been so bogged down with the fiscal cliff, the farm bill is still on the table. if congress does not pass it, dairy subsidies would immediately end on january 1, and those subsidies have been keeping milk prices low for 63 years. >>> the price of curbside parking in chicago is
. >>> in other news, with just four days to go, president obama and the top lawmakers meet today at the white house on the fiscal cliff. any compromise is expected to include an extension of the middle class tax cuts with increased rates at upper incomes. spending cuts could also be canceled. ahead of those talks, plenty of blame is being spread around already. >> john boehner seems to care more about keeping his speakership than keeping the nation on firm financial footing....
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Dec 28, 2012
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president obama has scheduled a meeting in the oval office with vice president biden by his side. he's hosting all the major players. the chances of success, depends on who you talk to. >> getting more optimistic. sometimes it's darkest before the dawn. >> this afternoons meetings feels much like optics. >> there are some signs of possible flexibility, but first of all it would be helpful if the house of representatives actually came back. right now we're at a stalemate, because the democrats haven't been willing to consider the issue of spending. >> i want to bring in perry bacon and it edward keith. most of that was just from today. is this meeting to hash out details or perhaps to save face bhf we go over the cliff? >> i would argue today's meeting is they actually thing the outlines of a deal are possible. the president will push today for some agreement in which the middle-class tax cuts are extended for everyone, while the higher rates go up, we also put off the rest of the details for later. the president is pushing for something. that said the optics are important because
president obama has scheduled a meeting in the oval office with vice president biden by his side. he's hosting all the major players. the chances of success, depends on who you talk to. >> getting more optimistic. sometimes it's darkest before the dawn. >> this afternoons meetings feels much like optics. >> there are some signs of possible flexibility, but first of all it would be helpful if the house of representatives actually came back. right now we're at a stalemate,...